One of the best-known macro analysts breaks down last week’s Jerome Powell speech and whether it truly represents a new policy era for the Federal Reserve.

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This episode is sponsored by Crypto.comBitstamp and Nexo.io.

Today on the Brief:

  • Debt will exceed U.S. GDP for the first time since 1946
  • SPACs in action!
  • Decentralized exchange volume flippens centralized exchanges 

Our main conversation is with Luke Gromen, founder of the Forest for the Trees consulting firm.

In this conversation, we discuss: 

  • Chairman Powell’s speech and whether this is a true policy departure
  • The evolving relationship between the Federal Reserve and Treasury Department
  • What it would mean to get China to start “footing the bill” 
  • The gold narrative
  • Why stock price gains are unlikely to keep U.S. citizens satisfied with the economy for long

See also: Everything You Need to Know About Jerome Powell’s Jackson Hole Speech

Find our guest online:
Website: fftt-llc.com
Twitter: @LukeGromen

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

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